Elitium was founded in 2017 as a result of the creation of a peer-to-peer crypto-payments application for luxury yacht rental company Boatsters Black.
With a fresh enterprise value of $95,984,002 USD, the current CoinMarketCap ranking is #379. It has an optimum circulating supply of 27,898,118 EUM coins and a circulating supply of 27,898,118 EUM coins. 332,200,000 EUM coins are available.
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Elitium is the Digital Economy of self-sufficiency, value, and expansion. The product’s success encouraged the Elitium co-founders to reinvent wealth management from the ground up, resulting in the formation of Elitium. Elitium collaborates closely with its community and tailors the product to their specific requirements.
Their aim is to redefine value and assist investors in effectively diversifying their portfolios into crypto, DeFi, and tokenized assets – all while avoiding technological hurdles and security consequences.
The Elitium ecosystem is driven by its native cryptocurrency, EUM: digital money that can be staked, traded, spent and invested in.
Elitium simplifies the complexity and security concerns of managing a blockchain-based portfolio by bringing together various blockchain assets on a single, easy-to-use platform.
The coin drives the Elitium wealth management platform’s offerings, including the staking mechanism and a limited number of masternodes, with operators participating in Elitium protocol administration.
The token also serves as application fuel (transactions) and card money. In addition to that to play an important part in the Elitium ecosystem too.
Raoul Milhado, Jean-Pierre Morand, and Collin Gelevert established Elitium.
Raoul first met Jean-Pierre in his hometown of Amsterdam in 2016, wherein they explored how to integrate cryptocurrency into the sphere of premium.
Raoul and ‘JP’ realized the need for more legal and financial skills as their aspirations increased, and Collin joined as the third co-founder.
Elitium makes it simple for any investor to have access to the world of blockchain-based goods and increase their money in a simple, simplified, and safe manner. Because of the effectiveness of its technology, investors may save time managing their capital while producing greater long-term returns than traditional methods.
Elitium has never staged an ICO, instead of relying on private finance to develop its product range in a sustainable way, thanks to the increasing number of private financiers, which incorporates well-known cryptocurrency exchange expert ‘The Tiger of All Lanes’ Scott Melker and financial institution GDA Capital.
Elitium may be purchased on a number of mid-tier exchanges, including BitMart, STEX, and FatBTC. Elitium will offer EUM on one to 2 additional exchanges each month, with the very first real exchange listing announced back in January 2021.
In 2017, Elitium unveiled its indigenous virtual money, with a max total supply of 332,200,000 and a current circulation of 30,086,253.31.
EUM is an ERC-20 token that operates on the Ethereum Blockchain. The “Proof of Stake” mechanism validates transactions, which is more energy sustainable than the old “Proof of Work” Paradigm.
Exchange inflows and outflows, paramount and technical differences, the news cycle, and the overall economic climate are all interlinked variables that impact EUM’s price and market cap.
After the sheer appraisal in the field of trading which is around 100% in just a matter of a certain countable transitional month, cryptocurrencies have suffered an intense depreciation due to their uncertain market nature.
Therefore, it’s wide enough to quote that Elitium EUM tokens have been upgraded to a new all-time high translation volume of almost $3.49 U.S Dollars per token.
In a nutshell, it is safer to say that Elitium EUM has blessed online traders to enjoy trading luxuries globally with the provision of ease through its secure, diverse, and viable transactional policies.
Elitium EUM Official Website –https://www.elitium.io/
Elitium EUM Twitter –https://twitter.com/elitium_eum
Elitium EUM Reddit –https://reddit.com/r/Elitium
Elitium EUM Medium –https://medium.com/elitium
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